Intuit Inc.'s Stock Analysis

Intuit Secures $2.2 Billion Revolving Credit Facility Agreement

On January 9, 2026, Intuit Inc. entered into a Credit Agreement with lenders, establishing a $2.2 billion unsecured revolving credit facility that will expire on January 9, 2031. This facility will support working capital and general corporate purposes, and may be increased up to $4 billion under certain conditions. The Company has not yet borrowed funds under this facility but anticipates utilizing it for its fiscal year 2026 operations.

The Credit Agreement includes various financial terms, such as interest rates based on U.S. dollar or foreign currency borrowings, and requires the Company to pay an annual commitment fee that may vary with its credit ratings. Additionally, the agreement imposes certain covenants, including maintaining a maximum consolidated leverage ratio, and outlines customary representations and warranties. The Company expects to manage its borrowing needs as opportunities arise.

Jan 09, 2026 17:37:20

Intuit Restructures Business Segments for Enhanced Customer Service

Effective August 1, 2025, Intuit Inc. has combined its Consumer, Credit Karma, and ProTax businesses into a single Consumer segment to better address the financial needs of its customers. This restructuring has resulted in the company operating under two main reporting segments: Consumer and Global Business Solutions. The changes have necessitated a recasting of previously reported financial data, which is detailed in the company's Annual Report on Form 10-K for the fiscal year ending July 31, 2025. The updates provided in this report do not constitute a restatement of earlier financial statements and are intended solely for informational purposes related to the segment changes.

Intuit's strategy revolves around leveraging artificial intelligence (AI) to enhance its service offerings across both segments. The company aims to provide an integrated platform that combines AI-driven insights with human expertise to support small and mid-market businesses in managing their operations. The Global Business Solutions segment focuses on providing tools for financial management, compliance, and marketing, while the Consumer segment offers products like TurboTax and Credit Karma to assist individuals with tax preparation and personal finance management. These initiatives are part of Intuit's broader goal to deliver innovative financial solutions that cater to the evolving needs of its customers.

Nov 20, 2025 16:19:52

Intuit Reports Q1 Results and Declares Cash Dividend

Intuit Inc. announced its financial results for the first quarter of fiscal 2026, reporting total revenue of $3.9 billion, an 18% increase compared to the previous year. The Global Business Solutions segment contributed $3.0 billion in revenue, up 18%, while the Online Ecosystem revenue grew by 21% to $2.4 billion. The company also reported a GAAP operating income of $534 million, reflecting a 97% increase, and a GAAP diluted earnings per share of $1.59, which is up 127% from the prior year. Additionally, Intuit's Board approved a quarterly cash dividend of $1.20 per share, payable on January 16, 2026, to shareholders of record as of January 9, 2026.

The Board of Directors appointed Adena Friedman and Bill McDermott as new directors, effective August 1, 2026. They will receive compensation consistent with other non-employee directors, including a grant of restricted stock units valued at approximately $116,667. Intuit reiterated its full-year guidance for fiscal 2026, expecting revenue growth of 12% to 13% and GAAP diluted earnings per share growth of 13% to 15%. The company also anticipates continued strong performance in both its Global Business Solutions and Consumer segments.

Nov 20, 2025 16:01:56

Intuit Reports Fiscal 2025 Results and Cash Dividend Announcement

Intuit Inc. reported financial results for the fourth quarter and full fiscal year 2025, showing a 20% revenue growth in the fourth quarter and a 16% increase for the full year, totaling $18.8 billion. Key revenue highlights include a 19% rise in combined platform revenue and a 32% increase in Credit Karma revenue. The company also saw significant growth in its Global Business Solutions Group and Online Ecosystem segments. Operating income increased by 36% to $4.9 billion, and earnings per share rose by 31% to $13.67.

Additionally, Intuit's Board of Directors approved a cash dividend of $1.20 per share, which will be paid on October 17, 2025. This dividend represents a 15% increase compared to the previous year. The company also reported a cash and investments balance of approximately $4.6 billion and total debt of $6.0 billion as of July 31, 2025. Intuit repurchased $2.8 billion of stock during the fiscal year and has a new share repurchase authorization of $3.2 billion.

Aug 21, 2025 16:02:20

Intuit Reports Q3 Growth and Raises Full-Year Revenue Guidance

Intuit Inc. reported its financial results for the third quarter of fiscal 2025, showing a total revenue increase to $7.8 billion, a 15 percent rise compared to the same period last year. Key segments also saw growth, with Consumer Group revenue at $4.0 billion (up 11 percent) and Global Business Solutions Group revenue reaching $2.8 billion (up 19 percent). The company also noted a significant increase in Credit Karma revenue, which grew by 31 percent to $579 million. Additionally, GAAP diluted earnings per share rose to $10.02, reflecting a 19 percent increase from the previous year.

In light of these results, Intuit has raised its full-year guidance for fiscal 2025 across all total company metrics. The updated expectations include total revenue between $18.723 billion and $18.760 billion, representing approximately 15 percent growth. The company also anticipates a GAAP operating income growth of approximately 35 percent and a GAAP diluted earnings per share of $13.19 to $13.24, indicating a growth of about 26 to 27 percent. Intuit's financial performance and revised guidance may impact investor sentiment and stock price.

May 22, 2025 16:02:36

Intuit Reports Revenue Growth and Mixed Segment Performance

Intuit Inc. announced its financial results for the second quarter of fiscal 2025, reporting total revenue of $4.0 billion, a 17 percent increase compared to the previous year. The Global Business Solutions Group revenue grew by 19 percent, with Online Ecosystem revenue rising 21 percent. Credit Karma saw a significant revenue increase of 36 percent. Additionally, GAAP operating income rose to $593 million, marking a 61 percent growth, while diluted earnings per share reached $1.67, up 34 percent from last year.

However, not all segments performed positively. The Consumer Group revenue increased by only 3 percent to $509 million, and the ProTax Group revenue experienced a slight decline of 1 percent, totaling $272 million. Despite these mixed results, Intuit has reiterated its full-year guidance, maintaining expectations for double-digit revenue growth and margin expansion.

Feb 25, 2025 16:01:56

Intuit Reports $3.3 Billion Revenue in Q1 Fiscal 2025

Intuit Inc. announced a revenue increase to $3.3 billion for the first quarter of fiscal 2025, reflecting a 10 percent growth compared to the previous year. The Global Business Solutions Group and Credit Karma contributed significantly, with Online Ecosystem revenue rising 20 percent and Credit Karma revenue increasing by 29 percent. Additionally, the company reported a quarterly dividend of $1.04 per share, marking a 16 percent increase from the same period last year.

However, the company faced declines in its Consumer Group and ProTax Group revenues, which fell by 6 percent and 7 percent, respectively. Operating income decreased by 12 percent to $271 million, and earnings per share also saw an 18 percent drop to $0.70. The financial results were impacted by a restructuring charge and a net loss on a private company investment, highlighting some challenges in certain segments of the business.

Nov 21, 2024 16:07:42

Intuit Non-Employee Director Compensation Details Announced for 2025

Intuit Inc. has outlined its non-employee director compensation structure for 2025, which includes annual stock grants valued at $280,000 for regular directors and $350,000 for the Chair of the Board. These grants will vest fully after 12 months, with provisions for mid-year appointees to receive pro-rated amounts. Directors are also required to hold shares valued at ten times their annual cash retainer, promoting long-term investment in the company. Additionally, annual cash retainers for directors are set at $75,000, with extra compensation for committee chairs and members.

However, the compensation plan does include a mandatory deferral on the payment of grants and cash retainers until certain conditions are met, such as termination or a corporate transaction, which may limit immediate financial benefits for directors. While the structured compensation aims to align directors' interests with those of shareholders, the deferral requirements could pose challenges for directors relying on cash flow from their service. Overall, the compensation framework reflects a balance between immediate remuneration and long-term incentives.

Nov 04, 2024 16:16:22

Intuit Reports Strong Growth with Positive Financial Results

Intuit Inc. announced impressive financial results for the fourth quarter and full fiscal year 2024, demonstrating a 13% increase in total revenue, reaching $16.3 billion. The company saw significant growth in its Small Business and Self-Employed Group, with a 19% revenue increase, and a notable 24% rise in GAAP earnings per share. Despite some challenges in the Consumer Group, where revenue dipped by 12%, the overall performance indicates a robust demand for Intuit's financial technology products and services, positioning the company for continued success in the future.

However, the fourth quarter did reveal a loss in GAAP operating income, largely due to a restructuring charge of $223 million. This restructuring, while necessary for future growth, impacted the quarterly results. Furthermore, the Consumer Group's decline in TurboTax units raised concerns about market share. Despite these challenges, Intuit's commitment to innovation and customer satisfaction remains evident, as reflected in their strategic focus on AI-driven solutions and enhanced product offerings.

Aug 22, 2024 16:01:49

Intuit Welcomes AI Expert Forrest Norrod to Board

Intuit has appointed Forrest Norrod, an AI expert from AMD, to its board of directors. This move is expected to enhance Intuit's AI innovations and strengthen its position as a global AI-driven platform. CEO Sasan Goodarzi emphasized the benefits of AI for consumers and small businesses. Norrod's extensive experience in technology and leadership will guide Intuit's future endeavors. With this addition, the board now comprises 13 directors, reflecting Intuit's commitment to growth and innovation.

Jul 25, 2024 11:08:46